If there is to be any chance of hitting the annual $1.5 trillion climate finance target set by the United Nations in November 2017, a creditable sustainable finance ecosystem in the Asian region is vital.
A key criteria is the establishment of financial centres which can scale up green and sustainable financial services across capital markets, banking, fintech, insurance and investment.
The lack of a dedicated green exchange has led many Asian green bond issuers to list on European exchanges over the last four years.
If you take Chinese issuance out of the equation, the performance of the remainder of Asia is an embarrassment....
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